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Vistra to Install New Gas-Fired Units at Permian Basin Power Plant

LCG, September 30, 2025--Vistra Corp. announced yesterday that it will proceed with the next phase of its capital plan to support grid reliability in Texas. In 2024, Vistra identified over $1 billion worth of potential capital additions in generation capacity within the Texas ERCOT market by 2028 if market conditions were supportive. Now, with West Texas' growing power requirements, particularly the state's expanding oil and natural gas industries, Vistra reached a final investment decision and confirms it will build two new advanced natural gas-fired power units on-site at its Permian Basin Power Plant.

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ERCOT Announces New Grid Research, Innovation and Transformation (GRIT) Initiative

LCG, September 24, 2025--Electric Reliability Council of Texas Inc. (ERCOT) yesterday announced its new initiative to increase its efforts to fully use and apply innovation and transformation through industry collaboration to best overcome the challenges and opportunities facing future grid operations. The new Grid Research, Innovation, and Transformation (GRIT) initiative will advance research and prototyping of emerging concepts and solutions to better understand the implications of rapid grid and technology evolution and position ERCOT to lead in the future energy landscape.

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Industry News

Construction Commences at New Sierra Pacific Power Plant

LCG, May 24, 2006--Sierra Pacific Power Company held the groundbreaking ceremony on Monday for its Tracy Combined Cycle Plant, which is scheduled to begin delivering electricity to the grid by June 2008. The new, gas-fired electric generating facility is located seventeen miles east of Reno, Nevada and is adjacent to the utility's Tracy Generating Station.

The Tracy Combined Cycle Plant has a design capacity of 514 MW and is estimated to cost $420 million. To minimize water consumption, the plant will be air cooled. Key contractors hired by Sierra Pacific Resources to build the project include: LG Constructors, a CH2M HILL subsidiary, for engineering procurement and construction services; General Electric, for combustion and steam turbine equipment; and Nooter/Eriksen, for the heat recovery steam generator.

The new plant will supply customers in Nevada and the Lake Tahoe area of California. According to Sierra Pacific Power Company, the new plant will increase the company's northern Nevada generating capacity by nearly 50 percent.
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